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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (99132)12/2/2020 2:45:28 PM
From: Goose94Read Replies (1) of 203329
 
Gold: The U.S. government is increasingly relying on the Federal Reserve to prop up the Treasury market and absorb the trillions of dollars in bonds it's issuing in order to fund its massive budget deficits. The Fed now holds a record 16.5% of US debt. And it's going to have to buy trillions of dollars of additional Treasuries in 2021 to keep pace with government borrowing.

Fed Would Need to Double Quantitative Easing to Keep Pace With U.S. Debt schiffgold.com

Peter Schiff
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